K2 is a consulting, monitoring and technology company with a presence in Colombia, Peru, Ecuador and Guatemala.
K2 has received multiple awards both locally and regionally as a consulting company with a high component of innovation and sustainability, as well as for the constant investments in (R&D) that it has made and developed over the last years, which has represented revenues of 13 million euros for the last year.
The closing of the transaction represents a turning point for Applus+ in its incursion and increases its participation in the Latin American market, as it reinforces its leading position in the field of environmental management.
Diego Pol, partner in the Barcelona office, commented: “It has been a pleasure to advise Applus+ again on a strategic multi-jurisdictional project. This transaction is a perfect example of how our global presence in more than 80 countries and the close relationship between colleagues around the world allows us to handle this type of transaction quickly and in full alignment with our clients’ objectives.”
Bernardo Cardenas, Bogota office managing partner, said: “We are very pleased with the outcome of this transaction as we were able to meet our client’s initial objectives. We are confident that Applus+ will strengthen its regional presence in Latin America and that, in the short term, it will be a leader in the Latin American market.”
Dentons’ team of lawyers from Spain, Colombia, Peru and Guatemala advised Applus+ on the cross-border transaction. Partner Diego Pol (Barcelona) acted as the partner responsible for the relationship and was assisted in leading the work in Colombia by partners Bernardo Cardenas, Mauricio Borrero and associate Maria Paula Macias.
